First Bancorp (FNLC) Interest Expenses (2010 - 2026)
First Bancorp's (FNLC) quarterly Interest Expenses came in at $18.4 million in Q1 2026, down 11.76% year-on-year from $20.9 million in Q1 2025, and down 5.97% on a QoQ basis from $19.6 million in Q4 2025.
First Bancorp (FNLC) Interest Expenses (2010 - 2026) Analysis & Trends
First Bancorp (FNLC) has 17 years of Interest Expenses data on file, last reported at $18.4 million in Q1 2026.
- On a quarterly basis, Interest Expenses fell 11.76% year-over-year to $18.4 million in Q1 2026; TTM through Mar 2026 was $80.4 million, a 6.17% decrease from a year earlier, with the FY2025 full-year figure at $83.0 million, down 2.29% from the prior year.
- Interest Expenses for Q1 2026 stood at $18.4 million, down from $19.6 million in the prior quarter.
- Over the last five years, Interest Expenses for FNLC reached as high as $21.9 million in Q3 2024 and fell as low as $1.9 million in Q1 2022.
- Historically, Interest Expenses has averaged $15.7 million across 5 years, with a median of $19.0 million in 2023.
- Across the five-year window, Interest Expenses slumped 44.5% in 2022 and jumped 499.06% in 2023, its largest moves.
- Year by year, Interest Expenses stood at $7.6 million in 2022, then soared by 149.72% to $19.0 million in 2023, then increased by 13.06% to $21.4 million in 2024, then retreated by 8.51% to $19.6 million in 2025, then declined by 5.97% to $18.4 million in 2026.
- Per Business Quant data, the three most recent Interest Expenses figures were $18.4 million in Q1 2026, $19.6 million in Q4 2025, and $20.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | 259,661.44 |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | -2.73 Bn |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | -32,586.00 |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | 3.52 Bn |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 19.98 Mn |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 5.30 Mn |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 2.53 Bn |
| 10 | First Bancorp | 383.10 Mn | 359.49 Mn | - | 18.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.45 Mn |
| Mar 31, 2026 | 18.45 Mn |
| Dec 31, 2025 | 19.62 Mn |
| Dec 31, 2025 | 19.62 Mn |
| Sep 30, 2025 | 20.95 Mn |
| Sep 30, 2025 | 20.95 Mn |
| Jun 30, 2025 | 21.42 Mn |
| Jun 30, 2025 | 21.42 Mn |
| Mar 31, 2025 | 20.91 Mn |
| Mar 31, 2025 | 20.91 Mn |
| Dec 31, 2024 | 21.45 Mn |
| Dec 31, 2024 | 21.45 Mn |
| Sep 30, 2024 | 21.89 Mn |
| Sep 30, 2024 | 21.89 Mn |
| Jun 30, 2024 | 21.48 Mn |
| Jun 30, 2024 | 21.48 Mn |
| Mar 31, 2024 | 20.11 Mn |
| Mar 31, 2024 | 20.11 Mn |
| Dec 31, 2023 | 18.97 Mn |
| Dec 31, 2023 | 18.97 Mn |